Market Chatter- Corporate finance press digest

Sun Sep 7, 2014 11:46pm EDT
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Sept 8 (Reuters) - The following corporate finance-related stories were reported by media:

* Phone service provider CenturyLink Inc is seeking to acquire Rackspace Hosting Inc in order to expand its cloud-computing services, Bloomberg reported, citing people familiar with the situation.

* BP Plc has secured the supply and offtake deal for Canada's Come by Chance refinery in Newfoundland from Australia's Macquarie Bank Ltd following the sale of the plant, a source familiar with the situation said on Friday.

* Edison, the Italian power company controlled by France's EDF, is set to enter private talks with E.On to buy the German group's Italian unit E.On Italia, three sources close to the matter said on Friday.

* Buyout groups EQT and CVC have made a joint bid to buy crop-protection company Cheminova in a deal that could be worth about 1 billion euros ($1.29 billion), two sources familiar with the deal told Reuters.   Continued...